LUNAUSDT - Buy after confirm flag built
LUNAUSDT1H trend chart
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LUNA is forming a bull flag and trying to take it out.
Additionally, there is a long-term support zone formed.
So if price can break out this flag until closure of 1H candle without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 44----Fib(1)
b) 46.19~47.07---Fib(1.272~1.382)
c) 48.97-----Fib(1.618)
Stop losses:
a) 39.64-----Red horizontal ray
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Have a nice trading
Note
Guys, here are some tips for you!1. Never forget to setup TP1 once you take entry. Do not be greedy!
2. Original SL can be modified to assure unrealized profit after price starts going up.
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🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
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💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.